Fitbit gets Blood Pumping, Raising $30M in Growth Capital
March 06, 2013
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Fitbit, a provider of fitness products and technologies, plans to raise an estimated $30 million in growth capital. The San Francisco-based company enables people to lead healthier, more active lives by creating fitness devices and technologies that make users more aware of their everyday activities and motivate them to exercise more. Fitbit previously raised $12 million in Series C funding from Foundry Group, True Ventures, SoftTech VC and Felicis Ventures in January 2012.
